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$45,000   Price Analysis
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1606 W Loudon St
Philadelphia, PA 19141
Unknown bed 0 bath unknown SqFt ($0/SqFt)
1,120SqFt lot.
Listed 2024-05-07, Taxes $167
Ⓧ USDA Ineligible
due to property

near Philadelphia

In the midst of Philadelphia's thriving real estate market

A rare opportunity awaits for savvy investors and developers: an RM1 zoned multifamily vacant lot listing. Located in a prime neighborhood, this parcel of land presents a blank canvas for creating a lucrative multifamily property. With its proximity to public transportation, local amenities and thriving commrci al corridors, this lot is poised to yield a significant return on investment.

Imagine a modern apartment complex, complete with sleek amenities and Energy Star-rated appliances, rising from the ground to cater to the city's growing demand for quality housing. By capitalizing on this lot, entrepreneurs can unlock the potential for a lucrative rental income stream, while also contributing to the revitalization of Philadelphia's urban landscape. Large lot with good frontage. 3+ units can be built. Selling cash, as-is.


Presented by Levent Ulusal at
Meta Realty, LLC.
Listing Agent Photo

Property MLS #PAPH2351596 from BrightMLS

Lot Size Acres: 0.0257117
Lot Size Square Feet: 1120

Association: No
Calculated Total Monthly Association Fees: 0

High School: GERMANTOWN
School District: PHILADELPHIA CITY

Logan James School is a public elementary school located approximately 0.3 miles away.
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King Martin Luther High School is a public high school located approximately 2.1 miles away.
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Broad Street Academy is a private elementary school located approximately 0.2 miles away.
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Cooke Jay Middle School is a public elementary and middle school located approximately 0.3 miles away.
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Annual Tax Amount: 167.0
Source Listing Status: Active
County: PHILADELPHIA
Current Use: Vacant
Ownership: Fee Simple
Source Property Type: Land
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA
Township: PHILADELPHIA
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$unknown + $12,000
$12,000
$167
2022$unknown + $7,900
$7,900
$110
2021$unknown + $7,900
$7,900
$110
2020$unknown + $7,900
$7,900
$110
2019$unknown + $7,900
$7,900
$110
2018$unknown + $7,900
$7,900
$110
2017$unknown + $7,900
$7,900
$110
2016$unknown + $5,500
$5,500
$76
2015$unknown + $5,500
$5,500
$73
2014$unknown + $5,500
$5,500
$73
2013$unknown + $704
$704
$68
2012$unknown + $704
$704
$66
2011$unknown + $704
$704
$63
2010$unknown + $704
$704
$58
2009$unknown + $704
$704
$58
2009$unknown + $704
$704
$58

Listed 2024-05-07
$45,000
BrightMLS
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house_viewroad_viewhouse_viewunknownunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.